A good post zog.
What are your thoughts about SER's 10 percent placement facility,just coincidence?
" a placement facility refers to the company raising additional equity capital, usually at a discount to the current share price, for whatever purposes it deems fit (to help finance the purchase of an asset, another company, pay down debt, etc). As such, it means the company will be issuing more shares and, all other things being equal, you as a current shareholder will own less of the company than you did before the placement."
Raider
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Currently unlisted public company.
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SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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